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African Nations Are Still “Companies” 🌍💼
You never stop learning the truth about the continent — Mr Momoh
Africa’s colonial past continues to shape its present in ways many don’t realize or notice.
Did you know that several African countries are essentially still “companies” listed on stock exchanges?
Let’s unpack this startling reality and explore how Africa can escape its colonial chains.
The Corporate Colonization of Africa
During the 19th century “Scramble for Africa,” European powers used chartered companies to colonize the continent.
These companies, like the British South Africa Company and the Royal Niger Company, were granted large territories to administer.
Fast forward to today, and the legacy of this corporate colonization persists:
- South Africa 🇿🇦: Listed on the Johannesburg Stock Exchange
- Nigeria 🇳🇬: Listed on the Nigerian Stock Exchange
- Kenya 🇰🇪: Listed on the Nairobi Securities Exchange
These listings aren’t just symbolic — they represent a continued form of economic control.
